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Microchip (MCHP)
NASDAQ:MCHP

Microchip (MCHP) Price & Analysis

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MCHP Stock Chart & Stats

$79.11
-$1.00(-1.74%)
At close: 4:00 PM EST
$79.11
-$1.00(-1.74%)

Bulls Say, Bears Say

Bulls Say
Convertible FinancingAnalyst describes the new convertible financing as reducing interest expense and notes proceeds should retire higher-cost short-term debt, which could lower annual interest payments and modestly boost earnings per share while limiting dilution unless the share price rises substantially.
Design Wins And BacklogMultiple design wins for next-generation PCIe switches and a book-to-bill above one have expanded backlog and improved forward revenue visibility, signaling meaningful demand from data center customers.
Product Mix And MarginsShift toward higher-margin data center, networking, and FPGA product lines, together with shrinking inventory reserves and improving factory utilization, should support rising gross margins and stronger profitability.
Bears Say
Elevated Expectations Versus GuidanceA sequence of intraquarter guidance raises and a positive preannouncement boosted investor expectations, so final guidance that falls short of those elevated expectations could create downside pressure on the stock.
Factory UnderutilizationUnderutilized in-house manufacturing is creating underloading charges that will weigh on margins and cash generation until factory utilization is meaningfully higher.
Inventory Build And Capital ReturnsBalance-sheet inventory increases and low visibility on sell-through, combined with management signaling buybacks and dividend increases are unlikely until leverage is reduced, limit near-term shareholder returns and heighten uncertainty.

Microchip News

MCHP FAQ

What was Microchip’s price range in the past 12 months?
Microchip lowest stock price was $34.13 and its highest was $83.35 in the past 12 months.
    What is Microchip’s market cap?
    Microchip’s market cap is $42.72B.
      When is Microchip’s upcoming earnings report date?
      Microchip’s upcoming earnings report date is May 11, 2026 which is in 80 days.
        How were Microchip’s earnings last quarter?
        Microchip released its earnings results on Feb 05, 2026. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.429 by $0.011.
          Is Microchip overvalued?
          According to Wall Street analysts Microchip’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Microchip pay dividends?
            Microchip pays a Quarterly dividend of $0.455 which represents an annual dividend yield of 2.79%. See more information on Microchip dividends here
              What is Microchip’s EPS estimate?
              Microchip’s EPS estimate is 0.5.
                How many shares outstanding does Microchip have?
                Microchip has 541,135,440 shares outstanding.
                  What happened to Microchip’s price movement after its last earnings report?
                  Microchip reported an EPS of $0.44 in its last earnings report, beating expectations of $0.429. Following the earnings report the stock price went down -2.601%.
                    Which hedge fund is a major shareholder of Microchip?
                    Currently, no hedge funds are holding shares in MCHP
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Microchip

                      Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded microprocessors markets; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides development tools that enable system designers to program microcontroller and microprocessor products for specific applications; field-programmable gate array (FPGA) products; and analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products. In addition, the company offers memory products consisting of serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and NVM technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.

                      Microchip (MCHP) Earnings & Revenues

                      MCHP Company Deck

                      MCHP Earnings Call

                      Q3 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call presents a constructive operational and financial recovery: revenue and backlog strengthened materially (Q3 net sales +4% sequential, +15.6% YoY; March guidance +6.2% sequential), non-GAAP margins and free cash flow improved, and the company announced meaningful design wins and strategic partnerships (Hyundai, Gen6 PCIe wins). However, noteworthy near-term headwinds remain — inventory days are high, meaningful inventory reserves and underutilization charges continue, leverage is still elevated (net debt/EBITDA 4.18) and certain supply-chain/foundry constraints are broadening. Management is prioritizing debt reduction and cautious OpEx discipline while investing to support growth. On balance, the positive execution, improving demand and strong guidance outweigh the operational and balance-sheet challenges.View all MCHP earnings summaries

                      MCHP Revenue Breakdown

                      51.11%51.11%26.29%22.60%
                      51.11% Mixed-signal Microcontrollers
                      26.29% Analog
                      22.60% Other
                      tipranks

                      MCHP Stock 12 Month Forecast

                      Average Price Target

                      $87.68
                      ▲(10.83% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 21,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 14, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 4</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":57.487,"date":1740787200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 25,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 10, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":47.369,"date":1743465600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n       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style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":61.862,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 17,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 71, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":53.43,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 22,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 56, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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